PSERS Benefit Multiplier Increase
Effective 7/1/2019


The benefit rate for members of the Public School Employees Retirement System (PSERS) has been raised for PSERS members, retirees, and beneficiaries with retirements on or after 8/1/2012, from $15.25 to $15.50 per month per year of service.  This increase is effective 7/1/2019 and will be reflected in the July 2019 pension payment.